CarefulBuilder14 wrote:Another card I'm pretty happy about passing on is Discover Miles. One Discover is enough when they are all so similar, and Discover still requires multiple IDs/passwords for people with multiple accounts.
I'm finding that having cards I don't use much doesn't bother if they are easy to keep track of. It's the number of different issuers, IDs, and passwords I care about. I have 10 cards, but 6 of them are with Amex and Chase. I like the ability to go from EDP (heavy use) to BCE (minimal use) to check for any good offers or fraudulent activity with just a click. If BCE required a separate login ID, I'd think about closing it.
Apparently Barclaycard and the Sallie Mae CC team are wishing me a happy 4th of July via email. It would be a lot more sincere if they'd throw in some promo rewards!
I have no big ones, personally. Once I actually paid more attention to credit and credit cards, I was pretty deliberate about what I considered and opened; however, I briefly and mildly entertained a Miles card, too. 1.5% over 1% on off-category spending for a non-AF card was nice, but the big draw was the double CB bonus after the first year. Glad I didn't go for one, though, after getting the exact same thing from my current card.
The Synch Walmart card always sends well-wishing holiday emails that are really Trojan Horses for pushing their deferred interest programs. I am pretty sure those offers are always standing, but they use even the most minor holidays to promote them (as in, "MLK Day is comimg up, so fortunately you can use your Walmart card to get you through all your shopping needs"). I have never used it before, but I wouldn't necessarily be opposed to it. They aren't too sneaky about disclosing the interest trick, but then again I am one of those credit nerds that actually pays attention to credit card terms, rewards, etc. Given all the anecdotes of people that have no idea their cards even have cash back, I imagine there are several that sign up for them and get bitten hard.